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Discover Latest #Privatisation News, Articles and Videos with Contenting
Privatization is the process by which public services, such as utilities and transportation, are transferred from public to private ownership and control. It is a controversial political issue and has been the subject of much debate in recent years. In this section, you will find news, articles, and videos about privatisation, its advantages and disadvantages, and its effects on different sectors.
It Is Now Labour's Turn to Expand the Piecemeal Privatisation of the UK's National Health Service | naked capitalism
To treat the NHS's ills, Keir Starmer's government is talking about bringing back Tony Blair’s health secretary, Alan Milburn, who is now in the pay of corporations with interests in the UK's healthcare sector.
Budget 2024: Government puts hold on its announcement of privatisation of two public sector banks - BusinessToday
Finance minister Nirmala Sitharaman established the target for 2024-25 at Rs 50,000 crore. Nonetheless, in the Interim Budget presented in February, the disinvestment estimate for 2023-24 was adjusted down to Rs 30,000 crore.
The era of privatisation is nearly over. But cleaning up the mess left behind will take years – John Quiggin
From The Guardian Among many other challenges in dealing with the failure of urban policy in Australia, the Minns (NSW state) government is faced with the task of renegotiating, or repudiating, the disastrous set of contracts for toll roads in New South Wales made by its predecessors (Labor and Liberal) with the Transurban group. As…
Coalition dharma may see revival of Vizag steel plant - BusinessToday
In December 2021, the Union Cabinet approved the privatisation plans for RINL, giving a nod for the 100 per cent strategic disinvestment of the company. However, the process has been stalled since then due to the opposition of the Andhra Pradesh government led by the YSRCP.
South Africa update - Marginal REVOLUTION
The African National Congress no longer regards privatisation as a “swear word” and has accepted that “bringing private sector money on board is not selling your soul”, said South Africa’s deputy president Paul Mashatile. In an interview with the Financial Times at the end of a week-long investor roadshow to Britain and Ireland, Mashatile said […]
Nothing stops private sector from coming and doing business in India: Nirmala Sitharaman - The Economic Times
In a recent discussion, Union Finance Minister Nirmala Sitharaman emphasised that no sector is off-limits for private business in India. Highlighting reforms under Prime Minister Modi, she stated that privatisation and ease of doing business have been prioritized to eliminate red tape and corruption.